A pre-series A investment led by GGV Capital garnered $2.4 million for the edtech firm Azota, which is located in Vietnam. Participating in the round were new backer Nextrans and sustaining supporter Do Ventures.
The Azota online platform was established in 2021 by Dai Nguyen, Hung Le, and Au Nguyen. It enables teachers to design and grade examinations automatically. Additionally, it provides capabilities for tracking student performance and real-time test proctoring.
According to the business, it has over 700,000 teachers and around 10 million pupils as users nationally. The site has received almost 300 million workouts through its system since it launched.
“We believe that by being able to reduce labour-intensive tasks, teachers could better spend their valuable time on impactful actions such as working more closely with individual students, or creating more engaging lessons for their students,” said Au, who also serves as Azota’s CEO.
With the extra cash, the business plans to enhance the functionality of its systems and create new features for its goods. For hybrid learning in the post-pandemic period, Azota stated that it wants to become a comprehensive teaching platform.
